PARTA (8 marks) Pam's Perfume Inc (PPI) is a company that manufactures and sells flashy women's shoes The company's budget committee has been working feverishly to complete its master budget for the fiscal quarter (three months) ending September 30, 2021. The vice-president of sales has established the following estimates for sales (in units) for July to October Jul Aug Sep Od 3,000 3,500 4,000 4,500 Management delites to have an ending inventory on hand at the end of each month equal to 20% of the next month's budgeted sales. The inventory estimate for June 30, 2021 is 600 units Required: Prepare a production budget for the quarter ending September 30, 2021. Use the template that's already been completed below to record your answer NOTE: enter your answer AS NUMBERS ONLY do NOT include dollar signs, commas, or other non numeric characters. Required: Prepare a production budget for the quarter ending September 30, 2021. Use the template that's already been completed below to record your answer NOTE: enter your answer AS NUMBERS ONLY do NOT include dollar signs, commas, or other non-numeric characters. July August September Total Expected sales Add: desired ending Inventory Total required Less teginning Inventory Required units to produce PART B 15 marks) Darryts Devices Corporation budgets its cash flows on a monthly basis. To prepare the cash budget for the second quarter ending June 30, direct materials purchases were estimated to be as follows: May: 552,000 -June: 567,200 July $55,400 Accounts payable of $22.700 on April 30 are expected to be paid in full in May. All purchases of direct materials are on credit and are paid 60% in the month of sale and 40% the following month Required: Complete the Schedule of Expected Payments for Direct Materials for the months of May. june and July NOTE: Enter your answer AS NUMBERS ONLY do NOT include dollar signs, commas, or other non-numeric characters. May June July Total Accounts payable, April 305 Aanl purchases May purchases June purchases Total cash payments